Ms. Sheena Scotland reports

ROB MCEWEN, CHAIRMAN & CHIEF OWNER EXERCISES STOCK OPTIONS IN MCEWEN MINING

Rob McEwen, chairman and chief owner of McEwen Mining Inc., exercised one million stock options on Dec. 19, 2014. These options were exercisable at a price of 91 cents, and Mr. McEwen intends to hold these shares for investment purposes. In addition, Mr. McEwen purchased 200,000 shares in the open market on Dec. 12, 2014.

The company is reporting this news to provide clarity about Mr. McEwen's market activity.